futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:

We are here to help. Just let us know what you need.

We work extremely hard to keep things positive in our community.

We do not tolerate rude behavior, trolling, or vendors advertising in posts.

We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.

We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple.

"Do not become deluded by the idea of "the trend" on an intraday basis."

Things that make you go hmmmmm.

Sent from my Nexus 4

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.2) Start a journaland post to it daily with the trades you made to show your strengths and weaknesses.3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.6) Help using the forum? Watch this video to learn general tips on using the site.

I think it means don't be deluded into think every trade is gonna run and run.....at least that's my present interpretation

Or to look at the bigger picture.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.2) Start a journaland post to it daily with the trades you made to show your strengths and weaknesses.3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.6) Help using the forum? Watch this video to learn general tips on using the site.

And I think this applies for all time frames. A market that is trending up in the last 5 years does not mean it will be up this year; "trending" up for the year may not continue to do so next month; "trending" up for the month does not imply this week will continue to be so; "trending" up for the week does not mean to simply buy today; and finally, "trending" up in the morning does not mean it will continue into the afternoon.

And I think this applies for all time frames. A market that is trending up in the last 5 years does not mean it will be up this year; "trending" up for the year may not continue to do so next month; "trending" up for the month does not imply this week will continue to be so; "trending" up for the week does not mean to simply buy today; and finally, "trending" up in the morning does not mean it will continue into the afternoon.

Yes. But the quote was talking about intraday. "Do not become deluded by the idea of "the trend" on an intraday basis."

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.2) Start a journaland post to it daily with the trades you made to show your strengths and weaknesses.3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.6) Help using the forum? Watch this video to learn general tips on using the site.

Yes. But the quote was talking about intraday. "Do not become deluded by the idea of "the trend" on an intraday basis."

Mike

I understand that--what I'm saying is that the principle may very well apply to all time frames, and in effect I'm extrapolating the principle, in one interpretation as: "Do not become deluded by the idea of 'the trend' at all."

An investor who buys the S&P at 700 in March '09 because it's very undervalued does not care about a weekly or monthly down trend; he sees the all-time trend as up, and is looking to invest money for perhaps years to come. So a swing trader playing trades lasting a week or two has the very "zoomed in" (aka "delusional") view relative to the higher time frame player who is looking years ahead. In this case, the March 2009 trader playing in the weekly to monthly time frame would be deluded to consider the 2008 activity as a down trend, given the context of the stock market since its inception (as only UP).

The weekly/monthly trader's perspective (circled area is early 2009):

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Which player is delusional? Or does the use of the past "trend" in any way constitute delusion? Is either right or wrong, or is either delusional? If I'm an intraday trader, does it matter what the weekly trend is? If I'm a swing trader holding trades for weeks, does it matter what the all-time S&P trend is? Just thoughts, nothing more.

no ZN trades today. I was short biased, there was huge volume 2 ticks above where I wanted in and price never made it below that edge....there was a signal to go long, but with the bearish sentiment I had along with the bearish filter tools I use, I was not excited about the longs. I did put a limit order to go long after the signal bar had closed up but it never filled and I'm glad it didn't. While there would have been no heat on the trade at all, it was definitely against the current bearish sentiment I was observing. So it might have worked and currently it still is but its not going anywhere and for now, I am flat and just observing.

If I get the short signal I was looking for, I'll take that....otherwise, no go....

I filled my daily quota in CL or at least what I was hoping for today so done with that instrument for today.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).